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☆ The Best Home and Kitchen Deals to Shop This Prime Day
▼ + stars: | 2023-07-11 | by ( Madeline Diamond | ) www.wsj.com time to read: +8 min

It performed the best out of all the models we tried out when searching for the best air purifier—in our test, it cleared out 98.6% of smoke in just 30 minutes. It normally has a hefty price tag, but it’s marked down by 30% for Prime Day. For Prime Day, the vacuum is 40% off (that’s $400 in savings), which is the lowest price we’ve tracked this year. It’s nearly 30% off for Prime Day, so you might even want to stock up on a few. It normally goes for $130, but during Prime Day you can score one for $47 (that’s a 65% discount).

Persons: Madeline Diamond, it’s, Burr, fryer, —, Joseph Joseph, Sobel Westex, It’s, We’re, you’ve, now’s, Bissell, We’ve Organizations: Prime, Tree Company Locations: Eufy

If you don't already have one, consider taking advantage of this Apple Watch 8 Prime Day deal. Although Amazon Prime Day is a 48-hour event, you'll only be able to score these rare Apple Watch 8 deals on the first day. Lowest Price Apple Watch Series 8 (45mm, GPS) The Apple Watch Series 8, introduced in September 2022, adds a temperature sensor, car crash detection, and low-power mode compared to previous generations. Despite being lodged between a value-rich rock and a premium hard place, we still consider Apple Watch 8 to be the best Apple Watch for most people. Read more: Apple Watch Series 8 vs Apple Watch SEThe Apple Watch 7 is still solid for the money in 2023 for both new and upgrading buyers, but Apple has officially ceased sales on that model and long-term support is officially on the clock.

Persons: it's, we've, you've, that's, Read Organizations: Apple Watch, Amazon, Apple

☆ Credit Suisse gives its top stock picks for the second half
▼ + stars: | 2023-07-11 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

After a strong first half for the stock market, Credit Suisse has an idea to keep the gains going. Now, questions swirl around if the market can continue its ascent as the second half of 2023 kicks into high gear. Credit Suisse asked every one of its U.S. research analysts to name their top stock picks when looking at the next six to 12 months. His price target implies shares could rally nearly 35% over the next year. International Game Technology also made the list, with analyst Ben Chaiken expecting big upside ahead even after a strong first half.

Persons: Stocks, Alcoa, Curt Woodworth, Woodworth, Refinitiv, Ben Chaiken, Judah Frommer, Frommer, MasTec, Jamie Cook, — CNBC's Michael Bloom Organizations: Credit Suisse, Nasdaq, Technology

☆ Factbox: China's major germanium and gallium producers
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +3 min

China produces around 60% of the world's germanium, or 180 metric tons in 2022, and over 90% of the world's gallium, about 606 tons last year, according to research firm Antaike. YUNNAN GERMANIUM, AN ESTABLISHED PRODUCERHeadquartered in southwest China's Yunnan province, Yunnan Lincang Xinyuan Germanium Industry Co. Ltd. (002428.SZ) extracts germanium from its own germanium mines and germanium-containing lignite coal mines. It has an annual capacity of 47.6 metric tons of germanium ingot, 60 tons of germanium tetrahydride - used to build 5G infrastructure - and 300,000 germanium wafers for solar cells. CHINALCO, A MAJOR GALLIUM PRODUCERState aluminium giant Chinalco has three gallium production plants, one each in central China's Henan and southwestern Guangxi and Guizhou provinces. It has annual production capacity of 200 metric tons of gallium metal and produced 146 metric tons in 2022.

Persons: Duan Xiangdong, Hope, Zhuzhou, Dominique Patton, David Evans Organizations: . Ltd, Aluminum Corporation of China, Zhuhai Fangyuan, Xing'an, Gallium, AXT Inc, Beijing, Thomson Locations: BEIJING, China, YUNNAN, China's Yunnan, Yunnan, China's Henan, Guangxi, Guizhou, Shanghai, Zhuzhou, China's Hunan, Zhuhai, Guangdong, Shanxi, Nanjing, U.S, Beijing

Fitbit's Versa line of wearables remains some of the best fitness trackers on the market. Because Fitbit stopped selling the Versa 3, you may even consider a refurbished model of the device instead of upgrading to the Versa 4. Fitbit Versa 4 vs. Fitbit Versa 3: Smartwatch performanceOne of our biggest gripes about the Fitbit Versa 4 is its lack of support for third-party apps. Fitbit Versa 4 vs. Fitbit Versa 3: Health and fitness trackingRick Stella/InsiderTracking features are roughly identical for the Versa 3 and 4, which means there isn't much of an upgrade. Fitbit Versa 4 vs. Fitbit Versa 3: Battery lifeFinally, the Versa 4 can boast one advancement: The battery life is markedly better than the Versa 3's.

Persons: we've, Fitbit, Pink Clay, Rick Stella, it's, we're, hasn't, we'd Organizations: Google, Amazon Alexa, iOS Battery, Versa, Spotify, Walgreens, Fitbit, Apple

☆ Kissing a Fellow Janitor Amid the Trash
▼ + stars: | 2023-07-07 | by ( Elizabeth Endicott | ) www.nytimes.com time to read: +2 min

Mortified, I fished them from my pocket and began sifting through the trash more carefully. Mere weeks before, I had been tutoring the children of migrant agricultural workers around Flathead Lake in northern Montana, after graduating from the University of Montana. I emerged from the belly of the C-17 military plane into a powerful wind that pushed the temperature to 40 degrees below zero. Among my duties was organizing each building’s trash center, an initial step before solid waste technicians retrieved, palletized and shipped it all back to America. Trash centers consisted of eight cabinets: skua, glass, aluminum, mixed paper, plastic, food waste and the particularly unsavory sanitary waste.

Persons: Mortified Organizations: University of Montana, U.S, National Science Locations: Flathead, Montana, Antarctica, U.S ., America

☆ Factbox-Companies respond to China's curbs on gallium and germanium exports
▼ + stars: | 2023-07-06 | by ( Reuters Staff | ) www.reuters.com time to read: +3 min

REUTERS/Florence Lo/IllustrationFollowing are responses from some companies to the announcement of curbs from Aug. 1 on Chinese gallium and germanium exports. * Dowa Holdings, the world’s top producer of high-purity gallium used in products such as wafers and LEDs, said it was investigating the situation. * A spokesperson for Fujitsu said the company “is currently not active in the semiconductor business, so we are not directly impacted by the export regulations. * Microchip Technology said its initial assessment is that there will not be a material impact. * Stellantis Chief Executive Carlos Tavares said the restrictions on gallium and germanium exports should not push Western companies to “decouple” from China.

Persons: Florence Lo, chipmaker, Carlos Tavares, ” Tavares Organizations: Reuters, REUTERS, Semiconductor, Association of Japan, Dowa Holdings, Fujitsu, Nichia, Sumitomo Chemical, Nasdaq, Semiconductors, Technology, Intel, Infineon, European Union, Navitas Semiconductor Corp Locations: China, United States, U.S

☆ A grocery store security guard filmed three men stealing $500 worth of detergent. He's yet another worker who got fired after confronting shoplifters.
▼ + stars: | 2023-07-06 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

A Colorado man says he was fired from King Soopers grocery store after filming a shoplifting incident. As it happens, King Soopers' parent company, Kroger, has a policy against engaging or interfering with shoplifters. Burrola told the Denver CBS affiliate he was suspended when he arrived for his next shift and fired the following week. A spokesperson for King Soopers did not respond to Insider's request for comment on this story. "I hope this changes the policy," Burrola told CBS regarding Kroger's stance, "and gives power back to retail workers like myself."

Persons: King, —, Santino Burrola, Burrola, Snoop Dogg, King Soopers, Soopers, Jorge Pantoja, Bugsy, Pantoja, Robert, Calvin McDonald, Burrola's, who's, Dominick Reuter Organizations: Kroger, Service, Samsung Galaxy, Chevrolet Trax, Father's, Denver CBS, Arapahoe County Sheriff, CNBC, CBS Locations: Colorado, Denver, Arapahoe County, Georgia, Florida

Summary Canadian minister Ng notes progress with Mexico over energyUSTR Tai urges Mexico to monitor steel and aluminum exports to U.S.MEXICO CITY, July 6 (Reuters) - The U.S. sees some progress made on an energy dispute with Mexico, although "deep-seated" concerns persist, U.S. Trade Representative Katherine Tai said on Thursday shortly before talks in Mexico with top Mexican and Canadian trade officials. The U.S. and Canada demanded dispute settlement talks over energy with Mexico in July 2022, arguing that Mexico's nationalist energy policies, which have tightened state control over the energy market, were discriminatory to U.S. companies. Canada's Ng separately noted progress with Mexico over energy issues, saying concerns from Canadian companies had been addressed. In addition to the energy spat, the U.S. and Mexico are engaged in a dispute over Mexico's decree to limit the use of genetically modified (GM) corn. Before the meeting, Tai said trade dispute settlement consultations over GM corn, which the U.S. requested in June, began with Mexico last week.

Persons: Ng, Tai, Katherine Tai, Raquel Buenrostro, of International Trade Mary Ng, Canada's Ng, Daina Beth Solomon, Cassandra Garrison, Costas Pitas, Brendan O'Boyle, Marguerita Choy, Diane Craft Organizations: MEXICO CITY, U.S . Trade, USMCA Free Trade Commission, Mexican, of International Trade, Thomson Locations: Mexico, U.S, MEXICO, Canada, American, Mexican, Cancun

☆ Factbox: Companies respond to China's curbs on gallium and germanium exports
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

Following are responses from some companies to the announcement of curbs from Aug. 1 on Chinese gallium and germanium exports. The German automaker said gallium and germanium played a role in future autonomous driving functions. * Taiwan's TSMC (2330.TW), the world's largest contract chipmaker, said it did not expect any direct impact on its production but would continue monitoring the situation. * Microchip Technology (MCHP.O) said its initial assessment is that there will not be a material impact. * Stellantis (STLAM.MI) Chief Executive Carlos Tavares said the restrictions on gallium and germanium exports should not push Western companies to "decouple" from China.

Persons: chipmaker, Carlos Tavares, Tavares, Catherine Evans, Josephine Mason Organizations: Volkswagen, Nasdaq, Intel, Infineon, European Union, Navitas Semiconductor Corp, Thomson Locations: China, United States

That followed the U.S. decision to impose export restrictions to curb China's access to key technologies used for artificial intelligence (AI). China has been the go-to for companies because it is able to export processed minerals at a lower cost than other countries. In Taiwan, a senior government official said China's restrictions on exports of gallium and germanium marked "a new wave of retaliation" in a "tit-for-tat approach." Some industry watchers believed China's metals restrictions could trigger short-term supply snags and higher prices. But Navitas Semiconductor Corp (NVTS.O), which makes chips that use a substance called gallium nitride, on Wednesday said it expects no adverse effects to its business from China's export controls.

Persons: China's, Stewart Randall, Janet Yellen, Roy Lee, John Strand, Supantha Mukherjee, Hakan Ersen, Ben Blanchard, Brenda Goh, Kanishka Singh, Anne Marie Roantree, David Gaffen, David Gregorio Our Organizations: U.S . Department of Commerce, EV, Sweden's Ericsson, Ericsson, U.S, Treasury, Navitas Semiconductor Corp, Thomson Locations: SHANGHAI, STOCKHOLM, WASHINGTON, Beijing, U.S, China, United States, Shanghai, Intralink, Netherlands, Australia, Europe, Taiwan, South Korea, Japan, Korea, Copenhagen, Stockholm, Berlin, Taipei, Washington

☆ China just played a trump card in the chip war. Are more export curbs coming?
▼ + stars: | 2023-07-04 | by ( Laura He | ) edition.cnn.com time to read: +6 min

Beijing hit back Monday by playing a trump card: It imposed export controls on two strategic raw materials, gallium and germanium, that are critical to the global chipmaking industry. Last October, the Biden administration unveiled a set of export controls banning Chinese companies from buying advanced chips and chip-making equipment without a license. Beyond China, Australian rare earths producers also advanced, as investors expected Beijing might extend export curbs to that group of strategically important minerals. “If this action doesn’t change the US-China dynamics, more rare earth export controls should be expected,” Jefferies analysts said. China cut its rare earths export quota in 2010 amid tensions with the United States.

Persons: ”, Biden, China’s, Janet Yellen, Jefferies, ” Jefferies, CNN’s Hanna Ziady, Xiaofei Xu Organizations: Hong Kong CNN, Jefferies, Micron Technology, Micron, China, Geological Survey, Eurasia Group, Group, United, Analysts Locations: Hong Kong, China, United States, Beijing, Washington, Netherlands, Japan, Australian, States, United Kingdom, Germany, Belgium

☆ In the Kitchen With the Line Cook From ‘The Bear’
▼ + stars: | 2023-07-03 | by ( Kathleen Squires | Photographs Laura Murray For The Wall Street Journal | ) www.wsj.com time to read: 1 min

The kitchen tools I can’t live without are: my big, heavy aluminum ollas, the old-school kind my abuela had. If I make rice in other things I’m filled with terror. I’ve shipped them to different places where I was working. My favorite gadget right now is the French press. I call it the “Fresh Prince.” When I have a real day ahead of me, my girl gets filled up with Colombian coffee beans.

Persons: I’ve, ”

Both the Fitbit Sense 2 and the Apple Watch Series 8 are the latest generation of their brand's flagship wearable — and are the best Fitbit and best Apple Watch, respectively, you can buy. While the original Fitbit Sense had a small touch-sensitive haptic button on the left-hand side of the watch, Fitbit added a physical button to the Fitbit Sense 2, which is easier to operate, especially during workouts. Antonio Villas-Boas/Rick Stella/Insider Apple Watch Series 8 vs. Fitbit Sense 2: Smartwatch performanceIt's clear the Sense 2 was built with health and wellness in mind but beyond that, its smartwatch capabilities are limited. Apple Watch Series 8 vs. Fitbit Sense 2: Battery lifeAntonio Villas-Boas/Rick Stella/InsiderOne of the main reasons you'd want the Fitbit Sense 2 over the Series 8 is its battery life. The Apple Watch Series 8 costs $100 more than the Fitbit Sense 2 but it is a more full-featured smartwatch.

Persons: you'd, we've, Antonio Villas, Rick Stella, Fitbit, I've, you've Organizations: Apple, Apple Watch, Price Apple, Amazon Apple, iOS Battery, Spotify, Fitbit, iOS

☆ Summer cooking hack: Ways to grill with campfires or firepits
▼ + stars: | 2023-07-03 | by ( Casey Barber | ) edition.cnn.com time to read: +7 min

Start with a few key itemsAs with an indoor kitchen, you’ll need a few crucial tools to make your outdoor cooking expeditions a success. Metal cutlery are staples of outdoor cooking. Simple to prepare in advance, foil packets are among the easiest meals for a campfire cooking newbie to whip up. For skillet cooking, you can experiment with some of your usual one-pan meals transferred to the outdoors. One note: High-sided stainless steel firepits, such as Solo Stoves, aren’t the best option for cooking in coals.

Persons: they’re, I’ve, Helmut Feil, •, ”, Dani Meyer, you’re, Harlan Schwartz, ” Meyer, Meyer, Casey Barber Organizations: CNN

☆ Shop REI’s Fourth of July Sale for Big Summer Savings
▼ + stars: | 2023-06-28 | by ( ) www.wsj.com time to read: +5 min

By Buy Side from WSJ StaffQuality gear can make every outdoor activity more enjoyable—and now is your opportunity to pick up that gear while it’s on sale during REI Co-op’s Fourth of July sale. The jacket is great as a single layer for warmer weather rain showers or as a top layer over a fleece in colder weather. Backpacking tentREI members can get the REI Co-op Half Dome SL 2+ Tent for more than $130 off during this sale. Classic lawn chairThis lawn chair may give you happy flashbacks to backyard gatherings and for REI members, it’s 30% off. Lightweight sleeping bagsBoth these sleeping bags are 40% for REI members and feature water-repellent 600-fill-power duck down insulation and recycled nylon shells.

Persons: REI, you’re, Gucci, Birkenstock, ”, Helly Hansen, HH Max, Blue Organizations: Staff, REI, Independence, North Face, HH, Navy Locations: Norway

☆ This Myth About Innovation May Have Doomed OceanGate’s Titan Submersible - The New York Times
▼ + stars: | 2023-06-28 | by ( Naomi Oreskes | ) www.nytimes.com time to read: +2 min

In Mr. Rush’s telling, innovation was the province of maverick individuals, not stodgy legacy players and certainly not cumbersome government bureaucracies. That story is often wrong, and it was 100 percent wrong in this case. Realizing this could be a powerful military communications tool, they worked with the U.S. Navy to develop technologies that exploited this sound channel. As its name suggests, Aluminaut was developed with the Reynolds Metals Company, one of the largest aluminum companies in the world. What the Navy and Woods Hole were not willing to do, however, was to risk lives.

Persons: Rush’s, Rush, SOSUS, Alvin, Aluminaut, James Mavor Jr Organizations: United, Oceanographic Institution, U.S . Navy, U.S . Office, Naval Research, U.S . Navy Bureau of Ships, Reynolds Metals Company, Navy Locations: Silicon Valley, America, United States

☆ Stocks making the biggest premarket moves: Tesla, Darden Restaurants, Anheuser-Busch, Alcoa & more
▼ + stars: | 2023-06-22 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Darden Restaurants — The company behind Olive Garden and other restaurant chains slid nearly 4% in the premarket. Darden beat expectations of analysts polled by Refinitiv for earnings in the fiscal fourth quarter, while revenue came in line with expectations. Meanwhile, Darden's revenue guidance was higher than Wall Street forecasted. The Wall Street firm said the stock is pricing in only downside risk without the expectation for recovery. Alcoa — Shares of the aluminum company slumped 3.5% in premarket trading after Morgan Stanley downgraded Alcoa to underweight from equal weight.

Persons: Morgan Stanley, Darden, Refinitiv, FactSet, Eugene Lee, Overstock.com, discounter, Overstock, Mauricio Gutierrez, Bud Light, influencer Dylan Mulvaney, Aerosystems, —, Samantha Subin, Jesse Pound, Alex Harring Organizations: Tesla, Darden, Olive, Wall, Bed, NRG Energy, Journal, Elliott Investment Management, Anheuser, Busch Inbev, Deutsche Bank, Alcoa —, Alcoa, Refinitiv, Revenue, Boeing Locations: Austin , Texas, Kansas

☆ Factbox: Flurry of US-India deals on AI, defense as Biden, Modi meet
▼ + stars: | 2023-06-22 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +4 min

The following is a roundup of the major announcements:VISASThe Biden administration will make it easier for Indians to live and work in the United States. The United States intends to open new consulates in Bengaluru and Ahmedabad. India is opening a new consulate in Seattle this year and will soon announce two new consulates in the United States. The MQ-9Bs will be assembled in India, a joint statement said, and U.S. manufacturer General Atomics will also establish new facility in India. ADVANCED COMPUTINGIndia and the United States established a Joint Indo-U.S. Quantum Coordination Mechanism to facilitate joint research between the public and private sectors across both countries.

Persons: Narendra Modi, Joe Biden, Biden, Katherine Tai, Vikram Solar, Electric's, General Atomics, Atomics, Jarrett Renshaw, Heather Timmons, Grant McCool Organizations: Indian, U.S, The State Department, United, INDIA, Micron Technology, Micron, United States Trade, World Trade Organization, Minerals Security Partnership, European Union, India’s Epsilon Carbon, VSK Energy, JETS, Hindustan Aeronautics Ltd, Indian Air Force, GE Aerospace's, Tejas, GE, Reuters, SPACE, Artemis Accords, NASA, International Space Station, Thomson Locations: Washington, United States, U.S, Bengaluru, Ahmedabad, India, Seattle, Gujarat, US, Colorado, China, SPACE India

☆ Stocks making the biggest moves midday: Overstock, Tesla, Accenture and more
▼ + stars: | 2023-06-22 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Accenture — The stock fell 2.6% after the consulting firm shaved the top end of its revenue expectations for the fiscal year. Darden posted earnings of $2.58 per share on revenue of $2.77 billion in its latest quarter. Tesla — Tesla shares traded flat amid a choppy session after Morgan Stanley downgraded the electric-vehicle giant to an equal weight rating from overweight, citing valuation concerns. Loop also reiterated its buy rating and raised its price target given what it sees as an opportunity for the stock to rally further. Expedia , TripAdvisor — Expedia and TripAdvisor gained 1.5% and 3.2%, respectively, after B. Riley initiated coverage on each stock as buy.

Persons: AeroSystems, Max, Darden, Eugene Lee, influencer Dylan, Tesla, Morgan Stanley, Root, JPMorgan Chase, Dow, —, TripAdvisor, Riley, Expedia, Eli Lilly —, Samantha Subin, Michelle Fox, Jesse Pound Organizations: Bed, Boeing, Accenture, Darden, FactSet, Anheuser, Busch InBev —, Deutsche Bank, NRG Energy, Wall Street, Elliott Investment Management, Embedded Insurance, Alcoa, JPMorgan, Amazon Prime, Bank of America Locations: Salt Lake City , Utah, Wichita , Kansas, Illinois

☆ Morgan Stanley says sell this aluminum giant as sluggish global growth, strong dollar hurt its outlook
▼ + stars: | 2023-06-22 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Alcoa will suffer from weaker global growth, according to Morgan Stanley. AA YTD mountain Alcoa stock has slipped 23.2% from the start of the year. Despite being down year to date, Alcoa shares are up 10% this month. That said, "the global growth outlook remains challenging and will weigh on commodity demand and mining equities." "We would like to see the equities trade at more attractive valuations and/or an acceleration in global growth before turning more optimistic again," the analyst noted.

Persons: Morgan Stanley, Morgan Stanley's, Carlos De Alba, De Alba, — CNBC's Michael Bloom Organizations: Alcoa Locations: China, U.S

☆ A Teen Basketball Star Took His Time Growing Up for the N.B.A.
▼ + stars: | 2023-06-20 | by ( Jonathan Abrams | ) www.nytimes.com time to read: +1 min

He had run from baseline to baseline, on a court that had splashes of black and red and the printed words of his mantra: Overly Determined to Dominate. At each end of the court, he had caught a pass and taken a shot. As a trainer passed to him, Scoot Henderson imagined that it was the end of a playoff game and that he had just stolen the basketball. He sank onto the first row of aluminum stands lining the court at his family’s gym north of Atlanta. He was exhausted and excited, focused on building “grown-man strength” for his looming transition to the N.B.A.

Persons: Scoot Henderson, Henderson Locations: Atlanta

☆ Hundreds Dead, 9 Arrested, and Many Questions in Migrant Wreck
▼ + stars: | 2023-06-16 | by ( Jason Horowitz | Niki Kitsantonis | ) www.nytimes.com time to read: 1 min

At the end of a long stretch of sandy beach, a weathered warehouse in the port of Kalamata held the survivors of one of the worst shipwrecks in Europe in a decade. Inside, dazed men from Syria, Egypt and Pakistan, all with numbered badges around their necks, languished on tightly packed corridors of thin mattresses. “I have two brothers,” said Odai Altalab, a 35-year-old Syrian who had rushed down from his home in Manchester, England. We need to know who is dead. Who is dead?”

Persons: “, ”, Odai Altalab, Mohammed Locations: Kalamata, Europe, Syria, Egypt, Pakistan, Manchester, England

☆ Wearing Apple's Vision Pro for 30 minutes put a big red mark on the forehead of WSJ's gadget reviewer
▼ + stars: | 2023-06-07 | by ( Nicholas Carlson | ) www.businessinsider.com time to read: +4 min

Wall Street Journal gadget reviewer Joanna Stern got to try out Apple's new Vision Pro. Stern's video then zooms in, the contrast and lighting shifts, and you see this…WSJ tech reviewer's forehead looks red after she wore an Apple Vision Pro WSJ/Joanna Stern/YouTubeYikes! Apple told Stern any discomfort she encountered after wearing Vision Pro goggles may have been because it only had limited-sized "light seals" at the demonstration space. Apple's Vision Pro is constructed of aluminum alloy and a snazzy single piece of exterior glass, which is why it looks so much nicer than the competition. Apple's new Vision Pro headset was announced on Monday at the company's WWDC conference.

Persons: Joanna Stern, Stern, Apple, Ben Gilbert, Apple It's Organizations: Wall, Apple Vision, Apple

☆ Peru sees copper projects on track, to stay ahead of Congo on output
▼ + stars: | 2023-06-02 | by ( Marco Aquino | ) www.reuters.com time to read: +2 min

REUTERS/Marco AquinoLIMA, June 1 (Reuters) - Peru's key copper projects are moving forward and the country is optimistic about remaining the world's second-largest copper producer, its mining minister said on Thursday, fending off a rise in the ranks by the Democratic Republic of Congo. Mining Minister Oscar Vera expressed confidence Peru's copper industry can boost output of the key industrial metal as mines worth some $6 billion come online over the next two years. Congo's copper output has accelerated rapidly and pulled almost even with Peru, while a report this week said Congo could grab the No. 2 spot as Peru's output slows. Vera said Peru mining projects on the horizon include the $1.5 billion Zafranal mine and the $2.5 billion Yanacocha Sulfuros project controlled by Newmont Mining Corp (NEM.N).

Persons: Marco Aquino LIMA, Oscar Vera, Vera, Newmont, Marco Aquino, Kylie Madry, David Alire Garcia, Edmund Klamann Organizations: REUTERS, Democratic, Democratic Republic of Congo . Mining, Newmont Mining Corp, Aluminum Corp, Thomson Locations: Tapairihua, Peru's Andes, Democratic Republic of Congo, Peru, Congo, Chile

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